Divergence in USDMXN may be the start of a downtrend
USDMXN is showing weakness and also calling for the end of the move up. besides that channel is also forming a wedge where I expect a move down to 19-18.5 and then a re-test of the lower support.
As I always say, let's check for confirmation before entering a short, I may enter a position next Monday.
As I always say, let's check for confirmation before entering a short, I may enter a position next Monday.